THE PROMINENCE

THE PROMINENCE in Seberang Perai Tengah, Penang recorded 5 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 1.65 million and a median price per square foot (PSF) of RM 1,217.

This area contains both residential and commercial properties. View 31 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.65 million, with most transactions falling within a stable range of RM 1.63 million to RM 1.67 million, and a typical market range of RM 1.61 million to RM 1.68 million.

Within the 3-Storey Shop category, condominium/apartment dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 1,217, with most transactions between RM 1,200 and RM 1,234. The usual range is RM 1,182.25 to RM 1,251.75, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.